Survey Finds Millennials More Than Twice As Likely to Give Personal Info Over Phone

By:
Chris Gaetano
Published Date:
Apr 25, 2017
Phone Fraud

A recent survey has found that although millennials are less likely to receive scam phone calls than other generations, they are more likely to give their personal information out over those same calls according to a release from First Orion, a communication services firm. In general the survey found that people are pretty skeptical of mysterious phone calls from people saying they're from the IRS, or giving out free luxury cruises. Overall, only 7 percent of people are likely to give their personal information over the phone once the caller has verified the last four digits of their social security number. Adjusting for age, however, the survey found that 17 percent of millennials would give out personal information under the same circumstance—hardly a massive proportion, but still larger than the population as a whole. In contrast, only 3.2 percent of Generation Xers and 2 percent of Baby Boomers would do the same thing. 

In contrast, 73 percent of millennials received a phone call they believed to be a scam, versus 83 percent of Gen Xers and 84 percent of Baby Boomers. A confounding variable, however, might be that, because millennials are more likely to give out personal information, they're less likely to perceive a call as a scam and thus less likely to report that they received a scam phone call. 

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